This was in Taste of Home recently and it basically says that all you need to do is stack two small peanut butter cups and add a malted milk ball for the head and then drape the white fondant over it and voila! A ghost! You can draw the face on before or after : ) I was going to try this for a "Girly Halloween" party I'm having next week with some friends! Good luck!

I've done it with a fondant/gp ball, into which I put a skewer/toothpick/lollipop stick/stir stick-- whatever you have. Then I draped the fondant/gp over it and pressed it in to form the shape of the head and folds in the drape. Then paint on face and let dry. If you want it to appear to be flying-you can lift the bottom of the drape and form it and let it dry with plastic wrap in it to hold the position. HTH